Tight Labor Market, Wage Pressure, and Rising Interest Rates

U.S. economy adds 431,000 jobs in March, as labor market strengthens
https://www.washingtonpost.com/business/2022/04/01/march-jobs-report-growth/
The unemployment rate fell to a new pandemic low of 3.6 percent, as strong hiring continues

Demand for workers remains brisk, with employers reporting 11.3 million job openings last month

https://www.washingtonpost.com/business/2022/03/29/job-quits-february-openings-jolts/

‘I’m in Hot Demand, Baby’: Nebraska Thrives (and Copes) With Low Unemployment
https://www.nytimes.com/2022/04/01/business/economy/nebraska-economy-unemployment-labor.html

More-educated US workforce will worsen historic labor shortage
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/more-educated-us-workforce-will-worsen-historic-labor-shortage-69319768

Rising Wages Could Complicate America’s Inflation Cool-Down
https://www.washingtonpost.com/business/the-fed-has-made-a-us-recession-inevitable/2022/03/29/1c51b9bc-af47-11ec-9dbd-0d4609d44c1c_story.html
Can Home Prices and Interest Rates Soar at the Same Time?
https://www.nytimes.com/2022/03/31/upshot/home-prices-mortgage-rates.html

Jobs Report Gives the Fed the All Clear to Go All Out
https://www.bloomberg.com/opinion/articles/2022-04-01/jobs-report-gives-the-fed-the-all-clear-to-go-all-out

The Fed Has Made a U.S. Recession Inevitable

https://www.washingtonpost.com/business/the-fed-has-made-a-us-recession-inevitable/2022/03/29/1c51b9bc-af47-11ec-9dbd-0d4609d44c1c_story.html